China insight

Taiwan’s Slab Steel Imports and Exports Raise in May M-o-M

[www.ferro-alloys.com] According to the Taiwan latest customs import and export figures in May this year, Taiwan’s slab steel imports totaled 192,535 tons, an increase of 19.7% month on month; imported almost 1 time from Japan. Meanwhile, Taiwan exported 104...

Sunday, June 12, 2016

Taiwan’s Feng Hsin Decides Not to Open New Scrap Purchasing Prices Next Week

[www.ferro-alloys.com] Feng Hsin Iron & Steel Co, one of the major electric furnace mills in Taiwan, has announced not open new rebar purchasing prices next week, remained unchanged for two consecutive weeks. Due to coming Taiwan’s Dragon Festival holiday in ...

Tuesday, June 7, 2016

Steel and Iron Ore Futures in China Suffer Worst Month in This May.

[www.ferro-alloys.com] It is reported that the future of steel and iron ore in China are on the track to suffer its worst month since 2009. Contracts for steel rebar in Shanghai Futures Exchange have fallen 28% from their highs in April, and 22% in this month...

Tuesday, June 7, 2016

Hong Kong's Scrap Exports Fall in April

[www.ferro-alloys.com] According to statistics, in April this year Hong Kong exported 94,000 tons of scrap steel, down by 7.2% year on year, fell for two consecutive months, down by 13.9% month on month. Among them, Hong Kong exported 28,000 tons of scarp to V...

Tuesday, June 7, 2016

China’s Shagang to Keep Wire Rod Prices Unchanged for Early June

[www.ferro-alloys.com] China’s steelmaker Jiangsu Shagang Group has announced its price list in the domestic market for June. The company decided to keep cut its prices for wire rod remained unchanged for early June. The prices for 40~60 hard wire rod thickn...

Tuesday, June 7, 2016

China's Iron Ore Imports Increase More Than Billion Tons for Two Weeks

[www.ferro-alloys.com] According to statistics, by the end of May 27, Chinese 45 major ports imported 101.86 million tons of iron ore, rose by 80,000 tons compared with the previous week, for 2 weeks above 1 billion tons. Among the past week, China imported ...

Tuesday, June 7, 2016

CIS Steel Billet Export Prices Decline for Consecutive Weeks

[www.ferro-alloys.com] Over the past week, CIS steel billet export market remained weak, the prices declined by US$10/ton, to US$350~360/ton, declined for four consecutive weeks In the meantime, CIS steel billet prices offer to Turkey down by US$5/ton, to US...

Tuesday, June 7, 2016

China’s Angang to Hike Its Wire Rods Guidance Prices for June

[www.ferro-alloys.com] China’s Angang has announced to hike its wire rods guidance prices for June. Those for low SAE1022 wire rod with diameter of 6.5mm price is at RMB 3000/ton. The price for SAE1006 with diameter of 6.5mm is about RMB3050/ton. Meanwhile, t...

Thursday, June 2, 2016
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